REG - Highbridge Tactical - Cash Distribution

Highbridge Tactical Credit FundAnnouncement

29/03/2023 14:15

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RNS Number : 6526U  Highbridge Tactical Credit Fund Ltd  29 March 2023

29 March 2023

HIGHBRIDGE TACTICAL CREDIT FUND LIMITED

(the "Company")

Registration No. 44704

Registered Office:

1 ROYAL PLAZA, ROYAL AVENUE, ST PETER PORT,

GUERNSEY GY1 1GR

TELEPHONE: +44 (0) 20 3530 3104

 

 

Cash Distribution from the residual holding in the Highbridge Multi-Strategy
Master Fund

 

Following the receipt of redemption proceeds from Highbridge in connection
with full realisation of 1992 Mult-Strategy Funds Portfolio comprised in the
Initial Redemption Portfolio (created following the Initial Cash Exit Offer)
and the Redemption Portfolio (created following the Subsequent Cash Exit
Offer) the Company has £1,845,029.42 available to distribute.

 

Accordingly, on or around 25 April 2023, approximately £1,845,029.42 is
expected to be paid to Multi-Strategy Creditors, equating to £0.0224 per
Share in respect of the 2019 Cash Exit Offers.

 

As per the announcement made to the exchange on 16 March 2023, all creditors
and shareholders are reminded that following this distribution, any future
distributions are likely to be subject to the receipt of further payments from
the AllBlue liquidator, which may or may not occur.  Any Multi-Strat
Creditors whose distribution proceeds fall below £50 will have amounts
accrued and paid when proceeds exceed this amount, or, failing to reach this
limit, all proceeds will be paid upon the final distribution.

 

 

For further information contact:

 

Sanne Fund Services (Guernsey) Limited

Company Secretary

 

Tel: +44 (0) 20 3530 3104

LEI: 213800397SYHLYFH5961

 

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